E-commerce

E-commerce

IKEA showroom
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Will IKEA leave the big box behind?

While it’s still the biggest furniture store in the world, Swedish retailer IKEA may soon move towards virtual shopping and leave the Big Blue box behind. Say what? No more ballroom babysitting for the kids? Feasting on Sjorapport (Seaweed Pearls), Kottbullar (meatballs with lingonberry jam ...
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Worldpay Global Payments Report: 4 Key Insights

We continue our highlights of Worldpay’s Global Payments Report 2017 and its insights into the latest payments trends and market developments. In this post, we focus on several unique perspectives and new market developments including biometrics, silver surfers and baby boomers, growth of bank transfers ...
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cryptocurrency payments and remote shopping
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Two trends to watch: Cryptocurrency payments & remote shopping

Today’s newsletter looks at two interesting payments and e-commerce trends. First is a new report that says 60% of Square payments merchants would be willing to accept cryptocurrency payments for goods and services. With the volatility of the cryptocurrency market, even researchers were surprised with that ...
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Daigou remote shoppers make $100K
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Is Daigou or remote shopping the next big “thing”?

We know artificial intelligence and robots are taking over many functions of business including payments, banking, investment advice and much more. Welcome to the next big shopping trend – daigou – or Chinese ex-pats buying consumer goods in countries abroad for friends, families and customers ...
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60% of Square merchants would take bitcoin
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Square merchants not square about cryptocurrency payments

A new research study shows that more than half of Square merchants would accept cryptocurrency payments for goods and services. The survey of 100 US merchants by Nomura Instinet showed 60% are open to taking bitcoin payments instead of dollars. “This result is surprising, especially ...
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Amazon launches debit card in Mexico
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Amazon Rechargeable debit card launches in Mexico

According to government research, fewer than one-third of Mexicans own a credit card. With such a large un-banked population, Amazon saw an opportunity to grow its e-commerce business by launching its own debit card called Amazon Rechargeable. Amazon Rechargeable “Clients that don’t have a credit ...
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Global e-commerce news
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Global e-commerce and mobile payments news roundup

Just in time for your weekend reading, we've got a global e-commerce and mobile payments news roundup. ...
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Voice shopping is growing
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Hey Google: How much will voice shopping be worth by 2022?

OC&C Strategy Consultants predicts voice shopping in the US and UK will reach $40 billion by 2022. ...
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Walmart e-commerce and payments news roundup

Here’s a Walmart e-commerce and payments news roundup to wrap up your week. Despite e-commerce sales up 23% in Q4 2017 and 16% in 2017 overall, analysts were expecting even bigger results from the company’s acquisitions and investments in e-commerce. Walmart is innovating on a ...
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Google Pay launches new combo payments app

Google launched Google Pay on Tuesday – its effort to consolidate and compete directly with Apple Pay and other global mobile payments competitors. The new Google Pay app replaces Android Pay, used to pay at checkouts, and Google Wallet, which let users send money to ...
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